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Kenyan sugar firm Mumias trims loss, says cane theft a problem

2014-02-20 09:02:11| Sugar Industry News

NAIROBI (Reuters) - Kenya's Mumias Sugar reported on Thursday a narrower loss in the six months ended December as it increased revenues and cut costs.

Tags: problem loss firm sugar

 

No more royal Sugar Daddies for Morocco's sweet cane industry

2014-02-18 08:32:13| Sugar Industry News

The investment arm of Morocco's royal family, SNI, sold a 24.5 per cent stake in Cosumar, its sole sugar supplier, to a group of local institutional investors, traders said, as it moves to divest some of its extensive holdings.

Tags: industry sweet royal sugar

 
 

Sugar cane industry watching Mexico

2014-02-18 08:32:13| Sugar Industry News

LAFAYETTE Louisiana\'s sugar cane industry can only hope Mexico keeps its word in 2014 and sells its surplus sugar outside the U.S., where 2.1 million tons of Mexican sugar in 2013 sent American sugar prices to record lows and made it tough for farmers to make a living.

Tags: industry mexico watching sugar

 

Brazil's big cane mills cut costs, capex against losses

2014-02-15 09:52:23| Agriculture - Topix.net

Weak sugar prices, government fuel price controls and a year of frost and drought are forcing Brazil's listed sugar and ethanol companies to cut costs and consider layoffs, as earnings reports this week have shown.

Tags: big costs cut losses

 

Kenya: Busia Cane Farmers Want Their Own Mill

2014-02-07 08:01:46| Sugar Industry News

MORE than 100 sugarcane farmers in Busia county have protested at plans to halt the construction of the proposed Busia Sugar Factory. The farmers marched from the High Court precints to Busia Governor Sospeter Ojaamong's office.

Tags: kenya mill farmers cane

 

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